for Euro Coins and Banknotes Collectors
200 years Holey Dollar and the Dump
Issuance of common mint Australia last four pictures show Australian coins.
(C) Katalog Monet Euro
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Holey dollar is the name given to coins used in the early history of two British settlements: Prince Edward Island and New South Wales. The middle was punched out of Spanish dollars, creating two parts: a small coin, known as a "dump" in Australia, and a "holey dollar".
From 1497, the Spanish government started to mint a large silver coin that, through wide circulation, became known as the Spanish dollar. It was also known as the peso of eight reales, or Piece of eight.
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